A company that manufactures equipment for Mining, oil, building, and infrastructure that has been beaten up but still makes money. How can you go wrong? This is my favorite type of company since I believe the recessions are generally short lived and government spending on infrastructure is inevitable. This might have a bumpy ride for the next few months, but should be a winner by election time.
P/E around 11 near historic range for this type of company leads me to believe that it is fairly valued for this economy but should accelerate going forward.